Sequans Optimizes R&D Expenses By Suspending Development Of 5G Fixed Wireless Product To Focus On Low-power 5G For Massive IoT Applications
Portfolio Pulse from Benzinga Newsdesk
Sequans has decided to optimize its R&D expenses by suspending the development of its 5G fixed wireless product. The company will now focus on low-power 5G technology for massive IoT applications.
June 18, 2024 | 10:26 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sequans is suspending its 5G fixed wireless product development to concentrate on low-power 5G for massive IoT applications, aiming to optimize R&D expenses.
By shifting focus to low-power 5G for massive IoT, Sequans is likely to better align its resources with market demand, potentially leading to more efficient use of R&D funds and future growth in the IoT sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100